Data: The cryptocurrency sector generally retraced, with the Layer 2 sector leading the decline by over 4%

ChainCatcher news indicates that, according to SoSoValue data, the encrypted market sectors are experiencing a slight pullback after a continuous rise. The Layer2 sector led the decline with a 4.46% drop in 24 hours, where Mantle (MNT) fell by 5.43%, Zora (ZORA) dropped by 7.58%, and the previously high-performing Merlin Chain (MERL) decreased by 16.80%. Additionally, Bitcoin (BTC) fell by 0.80%, retreating to $114,000. Ethereum (ETH) dropped by 1.43%, falling below the $4,200 mark.

In other sectors, the CeFi sector decreased by 0.35% in 24 hours, with Aster (ASTER) down by 8.44%; the PayFi sector fell by 0.86%, while Ultima (ULTIMA) remained relatively strong, rising by 5.36%; the Layer1 sector declined by 1.33%, but Hedera (HBAR) increased by 6.05%, possibly influenced by the expectation of HBAR's spot ETF listing on Nasdaq on Tuesday; the Meme sector dropped by 2.73%, with MemeCore (M) and OFFICIAL TRUMP (TRUMP) rising against the trend by 4.90% and 9.96%, respectively; the DeFi sector decreased by 2.86%, with Uniswap (UNI) down by 4.70%.

The cryptocurrency sector indices reflecting historical market trends show that the ssiGameFi, ssiLayer2, and ssiNFT indices fell by 3.89%, 3.70%, and 3.30%, respectively.